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Stock analysis Mmp Industries Limited MMP

More indepth analysis on MunafaSutra.com

Moving Averages for Mmp Industries Limited

  • 5Day Average: 243.01
  • 12Day Average: 254.08
  • 20Day Average: 258.84
  • 50Day Average: 254.63
  • 100Day Average: 293.1
  • 150Day Average: 303.46
  • 200Day Average: 297.42

MMP Indicators & signals

Indicator MACD (12,26,9)

250.09, 253.71, -0.54
Indicator MACD is in negative zone

Indicator ADX (14)

36.88, 13.31, 28.87
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MMP Mmp Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Fri Apr 2025 234.60 230.00 to 240.10 -2.07% 0.64 times
24 Thu Apr 2025 239.55 238.50 to 246.70 -0.62% 1.26 times
23 Wed Apr 2025 241.05 238.20 to 251.25 -1.63% 2.48 times
22 Tue Apr 2025 245.05 243.30 to 259.90 -3.83% 1.56 times
21 Mon Apr 2025 254.80 253.20 to 263.05 -1.05% 0.61 times
17 Thu Apr 2025 257.50 256.10 to 264.45 -2.5% 0.68 times
16 Wed Apr 2025 264.10 257.00 to 267.00 2.36% 0.79 times
15 Tue Apr 2025 258.00 245.55 to 271.50 -2.62% 1.78 times
11 Fri Apr 2025 264.95 263.60 to 271.75 1.24% 0.3 times
09 Wed Apr 2025 261.70 254.95 to 266.75 -2.28% 0.34 times
08 Tue Apr 2025 267.80 261.80 to 269.95 3.08% 0.19 times
07 Mon Apr 2025 259.80 248.15 to 263.00 -3.76% 1.06 times

Technical analysis forecast for Mmp Industries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Mmp Industries Limited MMP at this time. Stock is falling and might fall more.

It appears as if Mmp Industries Limited MMP gave a large move recently.

Stock of Mmp Industries Limited (MMP) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Mmp Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Mmp Industries Limited stays below 241.2, but if it comes above 241.2, then a intra day buy could be more profitable.
If you take a sell trade below 241.2, then use 241.2 as stoploss and 227.5 as target. However if you take a buy trade in Mmp Industries Limited, then use 241.2 as stoploss and 252.51 as target.

More indepth analysis on MunafaSutra.com